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Post-COVID-19, Bitcoin & Co May Help UK Escape from Economic Funk


After the UK’s decidedly mixed response to the coronavirus pandemic, the nation has proven something of a frontrunner in all things vaccine-related, leading it to start easing out of its latest two-month-plus national lockdown on March 8 ahead of its European counterparts – almost a year since...

China May Target Tether after Digital Yuan Launch – B2C2 Japan CEO


Tether (USDT) could emerge as an unlikely target for the Chinese central bank, the People’s Bank of China (PBoC), when it rolls out its digital yuan ahead of next year’s Winter Olympic Games, an industry player has opined. Speaking to Bloomberg (via Sankei Biz), Philip Gillespie, the CEO of...

100% in Bitcoin: Gold Bug Peter Schiff’s Son Goes All-in on BTC


Gold bug Peter Schiff has revealed that his son, Spencer Schiff, has gone all-in on bitcoin. Calling his son “brainwashed” for buying so much of the cryptocurrency, Schiff added that he may need to “disinherit” his son to avoid the youngster burning through his hard-earned...

DeFi Sector May Face Threat from New EU Crypto Regulations – Survey


European crypto and blockchain players are worried that incoming regulatory frameworks could usher in “excessive requirements” that could “pose significant challenges for crypto-based projects,” particularly in the decentralized finance (DeFi) space, with “irreconcilable” obstacles, a survey...

Meitu CEO Hints More Asian Firms May Buy Bitcoin, Ethereum, As Shares Rally


Shares in the Hong Kong-based app maker Meitu surged as markets opened in Asia by over 14%, before correcting slightly, after news that the company had made a USD 40m investment in bitcoin (BTC) and ethereuem (ETH) – a first known investment for major companies in the region. Per market data,...

Bank Account Data May Indicate a Rise in South Korean Crypto Activity


A new report has linked a spike in the creation of new bank accounts in South Korea to a rise in crypto trading – an indication that a large influx of new traders in the East Asian nation has taken up crypto in 2021. In 2018, Seoul created a set of guidelines that requires crypto exchanges to keep...

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